Gold futures ended near two week lower level on Monday, on account of peaked risk appetite in the market amid hopes of a global economic recovery, whetted by an extension of Brexit trade talks, and a COVID-19 vaccination rollout which is ought to begin in the United States as early as Monday.
Gold futures for February delivery dipped by 0.6% or $11.50 to settle at $1832.10 an ounce on the Comex division of the New York Mercantile. Spot gold rose fell 0.7% to $1,825.50 per ounce.